Singtel to sell 3.3% in Airtel for <span class='webrupee'>₹</span>12,900 cr

[Bilgin]

Singtel to sell  3.3% in Airtel for <span class='webrupee'>₹</span>12,900 cr Singapore Telecommunications Ltd (Singtel) will sell 3.3% in Bharti Airtel Ltd for ₹12,895 crore to Bharti Telecom Ltd, the holding company of India’s second-largest wireless operator, as promoters—Singtel and Bharti Enterprises—move towards equalizing their stakes in India’s No 2 carrier.